For the central monetary authority of the Philippines, see Bangko Sentral ng Pilipinas. For the India-based bank, see Punjab National Bank.
Philippine National Bank
PNB Financial Center in Pasay
Company type
Public
Traded as
PSE: PNB
Industry
Finance and Insurance
Predecessors
Allied Bank
PNB Savings Bank
Founded
July 22, 1916; 107 years ago (1916-07-22) Manila, Philippines
Headquarters
PNB Financial Center, Macapagal Boulevard, Pasay
,
Philippines
Key people
Edgar A. Cua, (Chairman) Leonilo G. Coronel, (Vice Chairman) Florido P. Casuela, (President & CEO) Lucio C. Tan, (Chairman Emeritus)
Services
Financial services
Operating income
₱759.67 million (2020)[1]
Net income
₱31.7 billion (2021)[2]
Total assets
₱1.19 trillion (2021)[2]
Total equity
₱161.22 billion (2021)[2]
Owner
LT Group
Number of employees
8,550
Website
pnb.com.ph
The Philippine National Bank (PNB, Filipino: Bangko Nasyonal ng Pilipinas;[3] Spanish: Banco Nacional Filipino;[4] Hokkien Chinese: 菲律賓國家銀行; Pe̍h-ōe-jī: Hui-li̍p-pin Kok-ka Gûn-hâng) is one of the largest banks in the Philippines. It was established by the Philippine government on July 22, 1916, during the American Era.
The bank became the first universal bank in the Philippines in 1980 and was acquired by tycoon Lucio Tan after it was privatized by the government in 1989. After its merger with the Tan-owned Allied Bank on February 9, 2013, PNB became the fifth largest private domestic bank in the country.
To date, PNB has 713 domestic branches and more than 1,400 ATMs. PNB has more than 70 overseas branches, representative offices, remittance centers and subsidiaries across Asia, Europe, the Middle East, and North America. [citation needed]
^"PNB Annual Report 2019" (PDF). Philippine National Bank. Retrieved February 2, 2021.
^ abc"PNB Annual Report 2021" (PDF). Philippine National Bank. Retrieved June 24, 2022.
^Enaño, Ray S. (April 5, 1990). "PNOC isasapribado". Diyaryo Filipino (in Filipino). Nova Communications, Inc. p. 5. Sinabi ni Estanislao na isasapribado ang PNOC nang katulad din sa Bangko Nasyonal ng Pilipinas (Philippine National Bank, PNB) nang ialok sa publiko ang 30 porsiyento ng mga sapi nito noong nagdaang Mayo.
^Concepción, Venancio (1927). "La tragedia" del Banco Nacional Filipino [The "Tragedy" of the Philippine National Bank] (in Spanish). Retrieved March 27, 2021.
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Global Information
(2020)[1]
(2021)[2]